Radar > 238387

Walmart México and Western Union sign agreement

Walmart México y Western Union firman acuerdo

Intel ID : 238387
Synopsis

Walmart México (BMV:WALMEX), a Mexico City-based consumer goods marketing and distribution company, and Western Union (NYSE:WU), a US-based provider of money transfers services, signed an agreement to provide transfer services in Mexico, announced Western Union in a press release issued on 5 July, 2016.

Specifically, under the agreement, Walmart México will offer Western Union money transfer services in 1,266 Bodega Aurrera, Mi Bodega Aurrera, Walmart, Superama, and Suburbia stores, in Mexico's 31 states and Mexico City. The companies expect to provide the service starting 3Q16.
(content in spanish)

Walmart México (BMV:WALMEX), comercializadora y distribuidora mexicana de productos de consumo, y Western Union (NYSE:WU), prestadora estadounidense de servicios de transferencia de dinero, han firmado un acuerdo para ofrecer servicios de transferencia en México, ha anunciado Western Union en una nota de prensa publicada el 5 de julio de 2016.

En concreto, con el acuerdo, Walmart México ofrecerá los servicios de transferencia de dinero de Western Union en 1.266 locales de Bodega Aurrera, Mi Bodega Aurrera, Walmart, Superama y Suburbia, en los 31 estados mexicanos y la Ciudad de México. Las empresas esperan ofrecer el servicio a partir del tercer cuatrimestre de 2016.

Relevant Documents


Intel ID 238387
Value ND
Native Currency Mexican Peso (MXN)
Exchange Rate:
Financial Data - Walmart México y Centroamérica
(31 Dec 2017)
Revenue: -
EBITDA: -
Date
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Subsector (Old TTR Sectors)
Type
Intel Grade
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Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Primary Sector (TTRSC)
15.05.08 Food & Beverage Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

Secondary Sectors (TTRSC)
15.05.11 Multiline Retail (Department, Discount & Convenience Stores)
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.04.04 Payments & Remittance Services
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

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potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.